Despite industry challenges, Lucara Diamond generated $172 million in revenue during 2023 through the sale of 379,287 carats, benefiting from the superior quality of its diamonds. Last year, Lucara ...

In line with its ambition to boost the country’s annual copper output to 3 million tons by 2032, Zambia’s government bets on several projects, including one to expand the Lumwana mine. Barrick, the ...

Ivorian telecom operators are expected to provide nationwide coverage, yet some areas are still left out. The government is stepping up pressure to bridge the gap as it pushes forward with its digital ...

Senegal's President Diomaye Faye believes that a complete overhaul of the country’s financial and accounting institutions is crucial to bring about a real shift in economic and financial governance.

In 2024, the euro steadily weakened against the dollar, dropping from 1.12 USD/EUR in September to about 1.02 USD/EUR by January 2025, directly causing the CFA franc to lose ground against the dollar.

Senegal is facing liquidity challenges, with its debt reaching 107% of GDP. The government has pledged reforms to ensure greater transparency, and talks are underway about restructuring local bank ...

(Ecofin Agency) - South Africa has one of the richest sub-soil in Africa, housing large reserves of gold, iron ore, and coal. It also hosts critical minerals like platinum group elements (PGMs), ...

Camtel, Cameroon’s national telecom company, is taking steps to improve its services. Yesterday, the company’s CEO, Judith Yah Sunday, concluded a training session for 75 new recruits in the fields of ...

(Ecofin Agency) - Free roaming is a significant step toward strengthening regional economic integration and digital connectivity. It eliminates costly roaming charges, allowing for seamless ...

Benin’s army neutralized 17 attackers in Banikoara, a town in the north of the country, during an assault on February 15, according to local media reports. The attack led to an exchange of gunfire, ...

(Ecofin Agency) - This is the holding company's first venture into the West African regional financial market. The successful fundraising, a sign of investor confidence, will help drive its growth and ...

(Ecofin Agency) - Africa houses around 30% of critical minerals, essential for the energy transition. However, the continent attracts only 3% of global energy investment, while it requires over $200 ...